In recent years, the landscape of business has undergone a seismic shift; largely driven by the relentless wave of digital disruption. The rise of online shopping giants like Amazon, Alibaba and eBay has reshaped traditional retail models. Streaming platforms such as Netflix have revolutionised the entertainment and music industries. Ride-sharing...
The Electoral Commission (EC) before the 2020 elections made it known to all Ghanaians that the voters’ register that was used during the 2016 elections was not credible. They argued that the database was blotted with foreigners, minors etc. The panacea according to the EC was a new software...
As economic stability and purchasing power deteriorate, inflation has emerged as a critical challenge for emerging economies, necessitating a delicate balancing act between government spending cuts and supply-side reforms. Reducing government expenditures can contribute to inflation mitigation through a simultaneous decrease in aggregate demand within the economy. Inflation can...
Employees take a direct hit when a company becomes insolvent. Employees, in spite of the significant role they play in the life and growth of the company, are often the least protected. They are often the first to lose their place in the company. Even when they stay on,...
 – address the right levers internally to keep your customers satisfied always Every organization (and in some cases individuals) is known at some point in its journey to have meticulously put together, a mission and vision statement to guide them in working towards their business goals.  The mission and vision...
MSMEs are the global economy’s backbone, and are particularly vulnerable during economic downturns. This paper proposes a collaborative framework involving industry, academia and government to bolster MSME resilience and growth. Ghana's MSMEs are not just businesses; they are the economy’s lifeblood, contributing significantly to employment and community development. They represent...
The thought of an audit can make a business owner nervous. Some consider the process time-consuming and stressful as well. But this need not be the experience with the right preparation. A basic understanding of the purpose and process of an audit can take out the stress. As a...
In Africa, it is estimated that small and medium-sized enterprises (MSMEs) make up approximately 90% of all businesses and contribute to over two-thirds of employment opportunities. These enterprises are also becoming hubs of innovation. This upward trajectory underscores the vast potential of MSMEs to drive Africa's socio-economic growth and...
Have you ever asked yourself the following questions? What is life insurance? What are the various types of life insurance? Why do I need life insurance as an individual, family or a business owner? How do I buy a life insurance policy? This article will help you find answers to...
– Emerging support for optimal reserve ratio (gold reserve / foreign reserve) By Kofi ARKAAH In 2017, I called for the Bank of Ghana (“BoG”) to grow its Gold Reserve as a percentage of its Foreign Reserve from 7.7%, to 30% (+/- 3%) at that time, in tandem with its inflation...